HELBIZ - Mobility System Blockchain P2P Car Sharing

Februari 19, 2018

HELBIZ - Mobility System Blockchain P2P Car Sharing

Block chain technology continues to add convenience to every aspect of our lives. This technology is delivering tremendous speed, providing convenience in many areas of finance, marketing, advertising and industry. In investors and entrepreneurs who see this, many actions that can be done with real money in the normal market take action by using blockchain technology. Now the project we will examine is based on a personal car, motorbike or bicycle rental system using block chain technology, which can be used in everyday life and a personal opinion is a really useful, practical project. It is a project that will allow even renting of boats, ships, planes.

There is a saying, as long as my pockets have params, all the yellow cars will be mine . This promise is not a simple word. Whether to buy a product or rent it brings to mind the more advantageous question. Let’s think we bought a car. We will face a lot of additional charges before we get into the car. Insurance, automobile insurance, tax is just a few of them but it is not necessary to take a week. When we try to buy a zero car under the conditions of our country, we pay more than the price of the car. Here is the best way to reduce all these expenses hire.

It is advantageous to do this from a company that deals with this business directly. When we rent from the company, the company also has a profit share. Then hire directly from the car owner.

Our project HELBIZ has just set out to provide these opportunities. If we look at the details of the project; we can consider it as a byproduct of AIRBNB, HERTZ and UBER, which actively act as intermediaries for rental services. The facilities Helbiz will not only consider as a car hire, helicopter, aircraft and even hire a boat.

Helbiz is a blockchain peer-to-peer marketplace that aims to make renting a car, motorcycle or bicycle convenient, affordable and rewarding for every user.

The 1.2 Billion cars in the world are on average only being used 4% of the time. Helbiz is creating a seamless way of renting out your private parked car, bike or motorcycle to your peers without having to deal with communication or keys.
Imagine a future where you can share cars instantly with your peers and seamlessly use your smartphone as the key. Envision being rewarded not only for renting out your vehicle, but for sharing driving data you are already creating on a day-to-day basis. Imagine being able to use those rewards for travel and services, while improving mobility on a global scale.

The Helbiz Mobility system

The Helbiz Mobility System is a platform based on the Ethereum Blockchain and powered by the HelbizCoin tokens. Its a platform that will be open to other companies with interests in mobility related services and willing to join the Blockchain revolution using data and building dApps (Decentralized Applications) on top of the Helbiz Mobility

To simplify the process and increase HelbizCoin adoption, Helbiz Mobility System will integrate several services in one single platform including:

General Description An explorer to discover available transportation options and related services;
An internal exchange to convert major cryptocurrencies, like bitcoin and Ethereum into HelbizCoin;
A built-in wallet to store and use the tokens easily; Templates of smart contracts to allow vehicle owners to share their assets;
Templates of smart contracts for data providers to set the rules and the level of reward they are willing to offer to data owners, whilst the latter retains control to cancel the contracts or edit permissions

Helbiz process explained

Helbiz proposes an interconnection with a range of sophisticated services specific to the vehicle owners, transport partners, and external services. Helbiz propose an architecture based on securing privacy for users, increasing the safety of the vehicle’s ecosystem and expanding the market to all independent operators. The data provided by the vehicles holds confidential information, such as location, and therefore can open new privacy challenges. The conventional methods of security and privacy used in smart vehicles tend to be ineffective due to the following challenges:

• Centralization: the current architecture of “smart” vehicles is based centralized models of mediated communication in which all vehicles are identified, authenticated, authorized and connected through central servers in the cloud.

Lack of privacy: most of today’s secure communication architectures do not take the user’s privacy into account, they resort to the exchange of all vehicle data without the owner’s permission or reveal noisy or summarized data to the applicant.

Security threats: Smart vehicles have an increasing number of autonomous functions. A malfunction due to a security breach (for example, during the installation of a malicious SW) could cause serious accidents that endanger the safety of passengers and other road users who are very close.

Helbiz Blockchain System vs Conventional Methods

Helbiz Economic Model

In order to deliver a viable business model for the long term, HelbizCoin will be a pay-per-use model for getting onto the Helbiz Mobility System or for using services available on the platform. Helbiz will drive revenues through tools and services on the Helbiz Mobility System :

Commission from the price the end user is paying for the rental, a fraction of current car sharing services;
Commission from the price the service providers are paying directly to the users to share their data;
“Exchange” fees for using the internal exchange to convert major cryptocurrencies into HelbizCoin;
Commission on the digital locks;
Other services for the car owners. The company has access to a lot of data (e.g. usage, status) that may be using to sell additional services to the vehicle owners (e.g. time to check the brakes).

Token Generation Event

The amount of 520.000.000 HBZ tokens of the 1 billion total supply is set to be sold during the token generation.

The funds raised will be used for development of the Helbiz platform ( see following picture )